Diligence memo · auto-generated · as of July 3, 2026
Illinois Avenue Partners LLC
Illinois Avenue Partners LLC looks over-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Illinois Avenue Partners LLC operates in Manufacturing, based in DALLAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Illinois Avenue Partners LLC has raised $25M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2024-12-31.
Most recent recorded round closed around 2024-12-31.
Valuation (modeled)modeled
Provath models Illinois Avenue Partners LLC at approximately $50M (range $19M–$96M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.71× the median modeled value of Series A Manufacturing companies in 2022–2024 (114 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 18 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round stepped up 2.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 89% of Manufacturing peers (3257 compared).
Modeled value ranks above 79% of those peers.
Closest niche peers: Whitehorse Timber Ventures SPC, Camden Timbers Holdings, LLC, RST Brands, LLC, Plantd, Inc., Sanford Aluminum Group, LLC.
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.